Wall Street jumps at the open on stimulus hopes
(Reuters) – U.S. stock indexes opened more than 2% higher on Tuesday as hopes of coordinated policy easing to avert a global recession calmed investor nerves a day after the biggest market rout since the financial crisis.
The Dow Jones Industrial Average .DJI rose 601.98 points, or 2.52%, at the open to 24,453.00 and the S&P 500 .SPX opened higher by 66.92 points, or 2.44%, at 2,813.48.
The Nasdaq Composite .IXIC gained 269.09 points, or 3.38%, to 8,219.76 at the opening bell.
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